| Market Cap | €654.4M | |
| Enterprise Value | €1.04B | |
| Revenue | €1.76B | −3.5% |
| Gross Profit | — | — |
| EBITDA | €64.0M | — |
| Net Income | -€24.0M | — |
| Diluted EPS | -€0.14 | — |
| Free Cash Flow | €10.0M | −81.1% |
| DPS (FY2025) | €0.00 |
| Trailing yield | 0.00% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €0.00 | — | reported |
| FY20242024-12-31 | €0.00 | −100.0% | reported |
| FY20232023-12-31 | €0.18 | — | reported |
| FY20222022-12-31 | — | — |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Operating Margin | 2.36% | 1.14% | 2.11% | 4.24% | 2.36% | −3.02% | 2.56% | 79% | 33% | |
| EBITDA Margin | 4.39% | 3.03% | 3.39% | 5.66% | 3.70% | −1.21% | 3.64% | 50% | 24% | |
| NOPAT Margin | 0.24% | 0.90% | 0.58% | 3.61% | 1.86% | −2.39% | 2.02% | 79% | 32% | |
| Net Margin | 0.44% | 0.85% | 0.15% | −15.61% | 0.14% | −6.15% | −1.37% | 36% | 24% | |
| FCF Margin | 1.53% | 1.34% | 10.07% | −11.82% | −6.61% | 2.91% | 0.57% | 36% | 28% | |
| FCFF Margin | 1.67% | — | 10.43% | −10.83% | — | — | — | — | — | |
| FCFE Margin | −1.42% | 2.22% | 6.67% | −11.07% | −4.30% | 2.31% | −2.85% | 36% | 20% | |
| OCF Margin | 2.59% | 1.76% | 10.37% | −11.61% | −6.43% | 3.30% | 0.74% | 36% | 19% | |
| Capex Intensity | 1.06% | 0.42% | 0.30% | 0.21% | 0.18% | 0.38% | 0.17% | 7% | 6% | |
| ▸Returns on Capital · 6 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||
| ▸Leverage · 9 ratios | ||||||||||
| ▸Working capital · 3 ratios | ||||||||||
| ▸Capital allocation · 5 ratios | ||||||||||
| ▸Other · 1 ratios | ||||||||||
The five drivers multiply to -47.1% vs reported ROE -44.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | €3.39B | €3.07B | €2.65B | €2.40B | €2.16B | €1.82B | €1.76B |
| YoY % | -9.5% | -13.6% | -9.4% | -10.0% | -15.9% | -3.5% | |
| Operating Income | €80.0M | €35.0M | €56.0M | €102.0M | €51.0M | -€55.0M | €45.0M |
| YoY % | -56.3% | +60.0% | +82.1% | -50.0% | |||
| Interest Expense | €45.0M | €45.0M | €35.0M | €28.0M | €56.0M | €68.0M | €60.0M |
| YoY % | 0.0% | -22.2% | -20.0% | +100.0% | +21.4% | -11.8% | |
| Interest & Investment Income | €6.0M | €4.0M | €2.0M | €9.0M | €5.0M | €7.0M | €7.0M |
| YoY % | -33.3% | -50.0% | +350.0% | -44.4% | +40.0% | 0.0% | |
| Equity Method Income | €1.0M | €23.0M | €11.0M | €11.0M | €13.0M | €1.0M | -€2.0M |
| YoY % | +2200.0% | -52.2% | 0.0% | +18.2% | -92.3% | ||
| Pretax Income | €40.0M | -€6.0M | €22.0M | €74.0M | -€5.0M | -€118.0M | -€10.0M |
| YoY % | +236.4% | ||||||
| Income Tax | €36.0M | €3.0M | €16.0M | €11.0M | -€8.0M | -€6.0M | €14.0M |
| YoY % | -91.7% | +433.3% | -31.3% | ||||
| Income from Continuing Operations | €5.0M | -€8.0M | €6.0M | €63.0M | €3.0M | — | — |
| YoY % | +950.0% | -95.2% | |||||
| Income from Discontinued Operations | €10.0M | €35.0M | -€2.0M | -€438.0M | €0 | — | — |
| YoY % | +250.0% | ||||||
| Net Income (incl. NCI) | €15.0M | €27.0M | €4.0M | -€375.0M | €3.0M | -€112.0M | -€24.0M |
| YoY % | +80.0% | -85.2% | |||||
| Minority Interest (P&L) | — | €0 | €1.0M | €0 | — | — | — |
| YoY % | -100.0% | ||||||
| Net Income | €15.0M | €26.0M | €4.0M | -€375.0M | €3.0M | -€112.0M | -€24.0M |
| YoY % | +73.3% | -84.6% | |||||
| EPS (Basic) | €0.07 | €0.13 | €0.00 | -€1.82 | -€0.01 | -€0.51 | -€0.14 |
| YoY % | +85.7% | -100.0% | |||||
| EPS (Diluted) | €0.07 | €0.13 | €0.00 | -€1.82 | -€0.01 | -€0.51 | -€0.14 |
| YoY % | +85.7% | -100.0% | |||||
| Dividends Declared per Share | — | — | €0 | — | €0 | €0 | €0 |
| YoY % | -100.0% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| reported |
| FY20212021-12-31 | €0.16 | — | reported |
| FY20202020-12-31 | — | — | reported |
| FY20192019-12-31 | — | — | reported |
